We are actively managing two fund offerings, one focusing on real property (REO and off market properties), the other focusing on Pre-REO (vacant first mortgages).

I wanted to be able to put in some sweat equity and learn some of the skills needed in this trade.

If you had one question for a professional house Mid-term Rental host, what would it be??

I discovered this property through an acquaintance when it was nearing the end of pre-foreclosure.

I discovered this property through an acquaintance when it was nearing the end of pre-foreclosure.

Once converted to a rental, repairs and improvements may qualify as deductible expenses, but pre-conversion repairs typically do not.

Building a team is something after you build the skills yourself, then teach them to other people to leverage more and more.

For example, do you have any specific skills around social media?

For active investing it is also helpful to have some type of advantage that sets you apart from other investors - that could be construction or rehab skills, market knowledge or anything else that gives you an edge.I was an active investor and didn't really have any of those skills.  

Focus on areas with sustainable taxes and long-term rental demand, targeting groups like college students, young professionals, or travel nurses.